I couldnt recommend this book ENOUGH! (
User
Rating
:
50 /50 )
This book has helped through every step of buying my first investment property. Its like having your own professional standing over your shoulder, reminding you about every detail of every step. The section on insurance alone is completely priceless, pointing out that a landlord needs not just property loss coverage but also personal liability. And not just physical liability, but coverage of potential slander, libel, discrimination, unlawful eviction, invasion of privacy suits... And dont forget loss of rents! Its that kind of detail that maybe someone whos done this before would call basic. But I admit: I am no pro, yet when I called an insurance agent and explained what I wanted coverage for, he said to me, "Um, youve done this before, havent you?" Thank you, nolo!
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